Search Results for: Dutch

MILLENNIAL CONSUMERS ARE SHAKING UP INDIAN MARKET

The emergence of the millennial generation – those born between 1980 and the early 2000’s – is going to drive how consumption, including that of food, takes place in India, according to retail and manufacturing heads at the India Food Forum, which was held in Mumbai between January 19 and 21.…

British engineering firm Rolls-Royce has been dragged deeper into Brazil’s Petrobras corruption mire with fresh questions arising over its links to Brazilian entrepreneur Julio Faerman, charged last month with bribery, money laundering and tax evasion. Faerman was one of 12 charged in ‘Operation Black Blood’ for an alleged bribery scheme between the state-owned oil company Petrobras and Dutch contractor SBM Offshore.…

The European Union’s (EU) Energy Roadmap 2050 project is certainly ambitious – looking to decarbonise Europe’s energy sector – and it anticipates that carbon capture and storage (CCS) technology will play an important role. Yet, it is clear that this technology is far from ubiquitous and significant efforts will be required to enable CCS to play a key part in Europe’s CCS future.…

Five years since the start of the Arab uprisings in 2011, instability is still impacting cosmetics sales in the Levant and north Africa. Last year saw a slight improvement on overall sales in 2014, the year the Islamic State spread through northern Iraq and Syria, but figures are down on 2013, and the growth projected in 2010, according to figures from market researcher Euromonitor International and estimates from cosmetics companies.…

THE EUROPEAN Commission has effectively declared illegal under European Union (EU) a tax break for multi-nationals operating in Belgium enabled them to discount profits on their Belgian tax returns. This ‘excess profit’ tax ruling system assumed that Belgian wings of multinationals made extra profits in Belgium by benefiting from economies of scale generated by activities in other countries.…

THE EUROPEAN Union’s (EU) executive, the European Commission could fine automakers up to EUR30,000 per vehicle if found cheating on emissions or other tests under reformed type approval rules proposed on Wednesday (January 27). The proposals to revamp the EU’s type approval system aim to prevent a repeat of the Volkswagen ‘dieselgate’ scandal that have revealed major holes in EU regulatory oversight on vehicle performance, which is largely based on national government agencies among the EU’s 28 member states.…

European Union (EU) lawmakers could veto a new real driving emissions (RDE) test, using on-vehicle portable emission measurement systems (PEMS) devices rather than laboratories to measure tailpipe output, in a February 2 vote. To be taken by the European Parliament – the EU’s democratic assembly – the vote likely will be knife-edge close since three political groups – including the largest centre-right European People’s Party (EPP) – oppose the proposed veto but not the five others.…

COMPETING fastfood chains are snapping at McDonald’s heels in Finland as the global player closes branches. McDonald’s now has just 72 outlets after chopping 10 in 2015. The remainder largely consists of franchises (59) with the rest owned by the Finnish subsidiary (13).…

OPPOSITION is growing within eastern and central Europe to the plan to expand the Nord Stream pipeline from Russia to Germany. Gazprom, E.ON, BASF/Wintershall, OMV, ENGIE and Royal Dutch Shell have formed a consortium that would double the capacity of the current Nord Stream 1 and 2 line to 55 billion additional cubic metres of gas a year (bcm/y).…

Vegetable oil companies are rightfully concerned about the reputation of key feedstocks such as soy for good environmental and social sustainability. Bad news stories about poor pay, pollution and virgin land clearances can knock consumer demand for products and that is bad for business.…